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Listing Details

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School Ratings & Info

Description

We are pleased to present for sale this Turn-Key, Remodeled seven unit apartment building in Virgil Village neighborhood of East Hollywood. The property features seven spacious two bedroom, one bathroom units with six of the seven having been remodeled. The units offer completely new kitchens with appliances, updated bathrooms, washer and dryer in units, wood flooring, recessed lighting and upper units have some city views. The building has 10 parking spaces and the soft-story retrofit HAS BEEN COMPLETED. The current in place rents reflect the quality of the remodel and with this location they rent quickly. Such a prime location, less than 1 mile from Kaiser Permanente Medical Center and short walk or drive to countless restaurants, nightlife and retail.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-20T23:42:31.727. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/115906093
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1217 N Virgil Ave Los Angeles, CA 90029

  • Price: $3,235,000
  • Status: Active
  • Updated: 44 min ago
  • MLS #: 21-715526
14
Beds
0
Baths
0
½ Baths
0.15
Acres
6,035
SQFT
$536
$/SQFT
1960
Built
Neighborhood:
Silver Lake - Echo Park
County:
Los Angeles
Area:
Silver Lake - Echo Park
Property Description
We are pleased to present for sale this Turn-Key, Remodeled seven unit apartment building in Virgil Village neighborhood of East Hollywood. The property features seven spacious two bedroom, one bathroom units with six of the seven having been remodeled. The units offer completely new kitchens with appliances, updated bathrooms, washer and dryer in units, wood flooring, recessed lighting and upper units have some city views. The building has 10 parking spaces and the soft-story retrofit HAS BEEN COMPLETED. The current in place rents reflect the quality of the remodel and with this location they rent quickly. Such a prime location, less than 1 mile from Kaiser Permanente Medical Center and short walk or drive to countless restaurants, nightlife and retail.
Exterior Features

Lot Size Area 6700 Other Structures None Parking Garage AssignedDriveway Total Parking 10

Interior Features

Baths Total 7.00 Cooling Wall/Window Equipment Built-Ins Heating Wall

Property Features

Assessed Total Value 1612620 Gross Income 215460 Gross Operating Income 208996 Like Units1 2 Like Units2 2 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 152239.00 Number Of Buildings 1 Number Of Units 7 Property Condition Updated/Remodeled Sale Type Standard Security Features Gated Source Living Area Vendor Enhanced Source Lot Size Area Assessor Total Annual Expense 56757 Type Of Units Apartment Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar2

Listing provided courtesy of Alexander Metaxas DRE#01784652 of Realty Investment Advisors, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-20T23:42:31.727. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Palm Desert CA, 92260